£106,511
This estimated value is based upon the latest sale price for the house of £42,000 on 19 Dec 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £42,000 | 19 Dec 2002 |
| £37,000 | 3 May 2002 |
| £21,000 | 2 Dec 1998 |
| £38,500 | 25 Jul 1997 |
| £18,000 | 12 Mar 1997 |
| £37,000 | 7 Jul 1995 |
| Terraced |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in December 2002 the House Price Index for GREATER MANCHESTER was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £42,000 results in an estimated price of approximately £106,511.
| 19 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £42,000 | £64,511 | £106,511 |
The Postcode Pricing Model uses changes in average sales price within the M19 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 324.535 % | £136,304 | £178,304 |
| 3 Month Average | 236.875 % | £99,487 | £141,487 |
| 6 Month Average | 304.696 % | £127,972 | £169,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £182,456 | £180,000 | 21 CUTHBERT AVENUE |
| 9 Sep 2022 | £272,797 | £275,000 | 8 WHALLEY AVENUE |
| 27 Jun 2022 | £236,847 | £233,500 | 38 CUTHBERT AVENUE |
| 29 Apr 2022 | £221,407 | £215,000 | 41 CUTHBERT AVENUE |
| 29 Apr 2022 | £237,369 | £230,500 | 3 WHALLEY AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 17 Jun 2014. Using an estimated price of £106,512 means this house is valued at £1,075 per sq meter (£99 per sq foot).
The average size of a house on MAYFORD ROAD is 100 sq meters (1,076 sq feet).